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Egypt, Arab Republic of - Interim strategy note (Английский)

Аннотация

In January 2011, Egypt erupted in large-scale anti-Government demonstrations, resulting in the resignation of President Mubarak and the collapse of the regime that had been in power for 30 years. Although economic growth had been strong in the previous... Подробнее +In January 2011, Egypt erupted in large-scale anti-Government demonstrations, resulting in the resignation of President Mubarak and the collapse of the regime that had been in power for 30 years. Although economic growth had been strong in the previous six years and the Government had begun a process of economic liberalization and privatization, citizens were frustrated by a lack of Government transparency and disrespect for personal rights and dignity, and perceptions of corruption were widespread. Given the political and economic uncertainties facing Egypt in the near term, the Bank Group presents this Interim Strategy Note (ISN) as an indicative program of support over an 18-month period, from June 2012 through December 2013. The focus will be on actions that can be carried out within the 18-month period of the ISN and that are expected to lead to sustainable longer-term benefits. The objectives of measures to be carried out under the three proposed pillars are: (i) improving economic management through control of the fiscal deficit and initiating reforms to enhance transparency in Government operations; (ii) job creation, through direct emergency lending and initiating steps to improve the environment for private sector led growth and job creation; and (iii) fostering inclusion, which involves ensuring broader access by disadvantaged segments of the population, women, youth, the poor, and lagging geographical regions, to infrastructure (water and sanitation, energy, and reliable transport), finance, and social services (health, education, and social protection), and enhancing citizen and community participation in the design, implementation, and monitoring of Government operations.
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